question archive A companys business strategy includes rapid growth, including a 50% increase in staff over the next 2 years

A companys business strategy includes rapid growth, including a 50% increase in staff over the next 2 years

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A companys business strategy includes rapid growth, including a 50% increase in staff over the next 2 years. Describe/explain how the use of HR technology can support this strategy, as it relates to staffing (including forecasting and tracking).

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Human resource is responsible for recruiting new candidates to the business organization. If a business has a strategy to increase 50% of its staff in 2 years then some HR technology like forecasting, tracking will help in proper incorporation of the responsibilities.

Forecasting is a process in which human resource department forecasts the demand of the employees required by the organization. And after forecasting the demand of employees, the human resource department carries forward towards the procedure of recruitment.

Tracking is another process through which human resource department is able to keep the track of all the employees working in the organization. Tracking procedure helps the department to classify efficient employees and estimate the profit, each employee is giving to the organization. If the employees are not working efficiently, then on the job training could be provided in order to increase their skills and profitability of the organization as a whole. Human resource department tracks the employees and their efficiency that helps to reward their performance and give credits to them.

These two strategies will help the organization to increase the workforce as per the requirements of the business.

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